Depositing foreign checks in US - GoFuckYourself.com

PSD · 01-26-2006, 02:43 PM

Curious what peoples US banks charge to deposit a check in US dollars drawn on a bank out of the US like Canada? I use Wells Fargo and they charge $5.

Also if your bank permits deposit of such through their ATM, please advise what bank it is. In the US Wells Fargo has a policy of not permitting deposit of such through the ATM. I was unaware of this and have been doing it for years without a problem. Then today they called me and told me I had to stop doing it and deposit them in the bank.

okdesign · 01-27-2006, 02:55 AM

good question!

nobody knows?

the Shemp · 01-27-2006, 03:09 AM

no charge for that

budz · 01-27-2006, 03:20 AM

lol I got screwed with a foreign NSF I beleive.

It's been so long but I think that I ended up paying for the check to not get cashed..

Fah King · 01-27-2006, 03:24 AM

TD Canada Trust 4$ and you can do it in the ATM

PSD · 02-25-2006, 10:35 PM

Quote:

Originally Posted by the Shemp

no charge for that

What bank is that and can you deposit them through ATM?

the Shemp · 02-25-2006, 10:40 PM

Quote:

Originally Posted by JCK

What bank is that and can you deposit them through ATM?

you want to get a bank that is located very close to the usa/canada border...

mikeyddddd · 02-25-2006, 10:45 PM

My bank does not charge a fee, but they do put a hold on the funds for 10 days unlike checks from US banks.

woj · 02-25-2006, 11:17 PM

I don't get charged anything here, takes a little longer for the check to clear though :-/

Scroto · 02-25-2006, 11:41 PM

was charged $15 once to cash a check from bank of scotland....also had to wait 7 days for funds to clear

Ron Bennett · 02-26-2006, 12:50 AM

If the Canadian check is in a USD denominated account ... one can usually just deposit it as usual with other checks, etc.

However, if it's in Canadian dollars, one should deposit it separately as a foreign check item requiring collection ...

If the check is less than $25 CDN, it's likely not even worth depositing because many banks charge around $10 to $20 USD (the cost can fluctuate) to "collect" the funds.

Ron

TreasureBucks · 02-26-2006, 12:51 AM

no charge from my bank, just takes a good couple weeks to clear.

01-26-2006, 02:43 PM	#1
PSD PornSiteDomains.com Industry Role: Join Date: Oct 2002 Location: US Posts: 1,265	Depositing foreign checks in US Curious what peoples US banks charge to deposit a check in US dollars drawn on a bank out of the US like Canada? I use Wells Fargo and they charge $5. Also if your bank permits deposit of such through their ATM, please advise what bank it is. In the US Wells Fargo has a policy of not permitting deposit of such through the ATM. I was unaware of this and have been doing it for years without a problem. Then today they called me and told me I had to stop doing it and deposit them in the bank.

01-27-2006, 02:55 AM	#2
okdesign ICQ 278367136 Industry Role: Join Date: May 2002 Posts: 24,772	good question! nobody knows? __________________ Webmasters, Come here for SUPER BIG TITS Highest Conversions, Highest Retention!

01-27-2006, 03:09 AM	#3
the Shemp congrats to the winners Industry Role: Join Date: Nov 2001 Location: Echo Beach Posts: 10,891	no charge for that __________________ i use Vacares...so should you Submit your picture galleries to my site...Outlaw TGP

01-27-2006, 03:20 AM	#4
budz Disruptive Innovator Industry Role: Join Date: Sep 2003 Location: Vegas Posts: 4,230	lol I got screwed with a foreign NSF I beleive. It's been so long but I think that I ended up paying for the check to not get cashed.. __________________ C:\Code\ C:\Code\Run\

01-27-2006, 03:24 AM	#5
Fah King Confirmed User Join Date: Jul 2005 Location: MTL Posts: 676	TD Canada Trust 4$ and you can do it in the ATM __________________ "I use SplitInfinity Web Hosting and VOIP services" and its Great!

02-25-2006, 10:45 PM	#8
mikeyddddd Viva la vulva! Join Date: Mar 2003 Location: you can't please everyone, so you got to please yourself Posts: 16,557	My bank does not charge a fee, but they do put a hold on the funds for 10 days unlike checks from US banks. __________________ AdultStarProfits AmbyaCash AnilosCash AzianiGold ColdHardCash FlashTheMoney IdolBucks MediumPimpin NSCash Nubiles PussyCash ScoreCash Sextronix SpunkyCash TubeTitans Twistys

02-25-2006, 11:17 PM	#9
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	I don't get charged anything here, takes a little longer for the check to clear though :-/ __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

02-25-2006, 11:41 PM	#10
Scroto Confirmed User Join Date: Nov 2005 Posts: 2,804	was charged $15 once to cash a check from bank of scotland....also had to wait 7 days for funds to clear

02-26-2006, 12:50 AM	#11
Ron Bennett Confirmed User Join Date: Oct 2003 Posts: 1,653	If the Canadian check is in a USD denominated account ... one can usually just deposit it as usual with other checks, etc. However, if it's in Canadian dollars, one should deposit it separately as a foreign check item requiring collection ... If the check is less than $25 CDN, it's likely not even worth depositing because many banks charge around $10 to $20 USD (the cost can fluctuate) to "collect" the funds. Ron __________________ Domagon - Website Management and Domain Name Sales

02-26-2006, 12:51 AM	#12
TreasureBucks Confirmed User Join Date: Mar 2005 Posts: 1,971	no charge from my bank, just takes a good couple weeks to clear. __________________ TREASUREBUCKS.COM